Topic: How to find good altcoin? - page 2. (Read 379 times)
Do not rush to invest. In this case, haste to good will not lead. Now there is every chance of losing investments. At the moment, the best for you will be to learn the basics of cryptocurrency, explore the market, how it works, and then you can and start investing.
First of all, before you will invest, you should level-up your knowledge, find trusted resources about altcoins and cryptocurrencies watch how they think to inherit their experience.
I am a newbie. I don't know how to find good altcoin, to mine and to invest ?
Not too hard you just need to spend more time reading and studying what people are saying concerned them on this forum and you are good to go. Some of the altcoins that I have trade before are: ethereum, litecoin, lisk, stratis, wave, dogecoin, fuel, binance and EOS. This is just for information and not an advice for you to invest in those coins.
As a beginner, you must be smart in analyzing each altcoin, because of the many altcoins, not all have good potential, of course this is not easy but important so that you do not lose money in the future
I am a newbie. I don't know how to find good altcoin, to mine and to invest ?
For the beginners the coinmarket cap rankings may give an idea about the good crypto coins but not all the coins are worth to invest so you need to learn about the coins before investing and only invest if you trust that project.For mining there are lot of coins to mine even the shit coins worth to make profits and good coins won't make anything just because the mining difficulty.
You don't need to look for any good altcoins, bitcoin is the best crypto, altcoins with a market value of top 10 is also a good choice, why do you have to look for those unknown altcoins, in fact, it is unlikely to see any in the future X100's coin.
I am a newbie. I don't know how to find good altcoin, to mine and to invest ?
As a newbie, I would recommend you to start with Medium and Steemit to find some good articles to find a good coin.
Another thing you could do to spot a good project is to search for all the coins that have a gold label of Binance, you can find that doing a google search using this term:
Code:
"Binance research"
, there you can find the projects that Binance find as good investments. That could give you insights on how to choose a proper coin to ride to the moon.That's all for a starting level if you want more info you can send me a pm and I'll be glad to send you more resources.
Good luck
Mining is not profitable at this time because the price of cryptocurrency is very low now, to invest in good altcoins, beside of Bitcoin, there are thousands of altcoins now in the market, many of them are good and also many are bad. To starting you you invest in top altcoins like Ethereum, XRP, Bitcoin SV, Stellar.
I am a newbie. I don't know how to find good altcoin, to mine and to invest ?
You're a newbie and I completely understand that. But being a newbie these kind of questions are considered spam here as these questions can be answerable by Google search engine. Please ask a more relevant question cause this one isn't worth a time here.
Thanks, perhaps i google lookup first.
mining and investing, although having similarities, they are not the same thing.
to choose an altcoin for mining you need to find a coin with a low difficulty and based on your equipment. for example if it is ASIC or GPU. and also when mining you always have the option to switch for example from one shitcoin with GPU mining to another shitcoin that is getting pumped.
but when investing/trading your options are better since you can buy and sell in an instant, unlike mining you don't have to waste time and your money can be in move at all times. so trading may be a better option for many BUT only if you have the experience to do it. otherwise if you get caught up into hypes and get dumped on every time then trading is not for you.
to choose an altcoin for mining you need to find a coin with a low difficulty and based on your equipment. for example if it is ASIC or GPU. and also when mining you always have the option to switch for example from one shitcoin with GPU mining to another shitcoin that is getting pumped.
but when investing/trading your options are better since you can buy and sell in an instant, unlike mining you don't have to waste time and your money can be in move at all times. so trading may be a better option for many BUT only if you have the experience to do it. otherwise if you get caught up into hypes and get dumped on every time then trading is not for you.
if you are still very new in the crypto world, being an investor is too fast for you, you need to learn more about it, so you don't get a loss, if I can give advice, becoming a bounty hunter is a good choice for now
I am a newbie. I don't know how to find good altcoin, to mine and to invest ?
Welcome here mate in crypto world, to find good alts just go to coinmarketcap.com or download an apps called portfolio. Through this web and apps you can review and compare which alts is more better in price and have a good potential to invest. Theres so many ways to hunt a good alts just follow this topic you made and stay tune for others tips came from in our bounty hunters.
I am a newbie. I don't know how to find good altcoin, to mine and to invest ?
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